đŸ”» $XLM /USDT Bearish Rejection Trade Idea ⚠

$XLM has faced repeated rejections near the $0.2540 resistance zone, with multiple upper wicks failing to break through. This signals strong selling pressure at that level, and bearish candles on the 15M chart confirm a potential short-term reversal in play.

đŸ”» Short Trade Setup:

‱ Entry Zone: $0.2525 – $0.2538

‱ Take Profit 1: $0.2500

‱ Take Profit 2: $0.2470

‱ Take Profit 3: $0.2435

‱ Stop Loss: $0.2548

📊 Market Outlook:

Bearish momentum is building after repeated failures to close above resistance. If price stays capped under $0.2540, a retracement toward the lower support targets is likely. Ideal setup for short-term scalpers manage your risk tightly and watch for momentum confirmation.